The first release came a little earlier this month from Pontet-Canet which released a tranche of its 2006 vintage and late last week Montrose offered négociants some of its 100-point 2009, a parcel of ‘R’ de Rieussec has also been released albeit to less comment.
Both releases from the Pauillac and St Estèphe properties stimulated an increase in trading for the wines in question but not, it should be noted, for the prices asked for by the châteaux.
Pontet-Canet released its 2006 at €95 per bottle, or £850 a case and the 2009 Montrose was out at €240 p/b.
Although the wines did see quite a lot of trade by value on Liv-ex, they were for prices at a level substantially below those being asked for.
Continue reading: The Drinks Businessmontrose, Pontet-Canet